D.A. Davidson & CO. Increases Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

D.A. Davidson & CO. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 8.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,621 shares of the company’s stock after buying an additional 1,054 shares during the period. D.A. Davidson & CO.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $1,141,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bull Oak Capital LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares during the last quarter. American National Bank boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 70.7% during the second quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after purchasing an additional 195 shares in the last quarter. Lynx Investment Advisory acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $42,000. Finally, Financial Gravity Asset Management Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 68,600.0% in the second quarter. Financial Gravity Asset Management Inc. now owns 687 shares of the company’s stock valued at $55,000 after buying an additional 686 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.4 %

NASDAQ:VCIT opened at $82.17 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.25. The stock has a fifty day simple moving average of $82.08 and a 200-day simple moving average of $81.57.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.3166 per share. The ex-dividend date was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a yield of 4.62%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

About Vanguard Intermediate-Term Corporate Bond ETF

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.